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. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used measure of market potential … market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend … significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …
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. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used measure of market potential … market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend … significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …
Persistent link: https://www.econbiz.de/10012910940
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. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used measure of market potential … market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend … significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …
Persistent link: https://www.econbiz.de/10012455944
. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used measure of market potential … market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend … significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …
Persistent link: https://www.econbiz.de/10012981102
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Success in development over the past half-century was based on manufacturing-led export growth. Because the share of global employment in manufacturing will decline, manufacturing won't play the same role in the coming decades. An increase in manufacturing employment won't suffice to meet the...
Persistent link: https://www.econbiz.de/10011955468